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Avangrid’s cancellation of offshore power contracts to cost it $48 million

Por: The Boston Globe Business July 19, 2023

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WIND ENERGYAvangrid’s cancellation of offshore power contracts to cost it $48 millionAvangrid will pay $48 million to terminate offshore wind power contracts that it had originally reached with three Massachusetts electric utilities. These contracts were intended to help finance construction of the Commonwealth Wind project south of Martha’s Vineyard. Avangrid and the utilities — National Grid, Eversource, and Unitil — have been... + full article



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